Introduction
In the first phase of constructing the crypto derivatives trading infrastructure, Bitbase has deliberately stripped away redundant operations, focusing exclusively on the establishment of core trading modules: liquidity flow, spot price discovery, and leverage clearing. This guide aims to objectively disclose the platform's inaugural product architecture and its corresponding base fee standards
IMPORTANT NOTICE: The information contained in this guide (including but not limited to product features, supported networks, and fee structures) reflects the system status and general market conditions as of the date of publication. Given the volatility of the digital asset market and the evolution of the technical environment, Bitbase reserves the right to optimize or adjust the aforementioned parameters at any time. Users should rely on the real-time data displayed on the Bitbase official website and the trading execution interface.
Module 1: Fiat Gateway
1. Architecture Overview
Bitbase has integrated a standardized third-party compliant fiatpayment API routing. Within this module, the platform serves solely as an execution channel, providing underlying network connectivity for the exchange between fiat and digital assets.
2. Capabilities
Currently, the liquidity gateway prioritizes coverage for the local e-wallets and QR clearing systems of the following three fiat markets:
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BDT (Bangladeshi Taka) Routes: Supports Nagad, Bkash.
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PHP (Philippine Peso) Routes: Supports Gcash, Maya, QRPH, GrabPay.
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VND (Vietnamese Dong) Routes: Supports VietQR, MoMO, ZaloPay, ViettelPay.
(Note: Supported payment methods vary by the selected third-party provider and the chosen fiat currency; please refer to the actual display on the execution interface.)
Bitbase will continue to expand liquidity gateway support for more sovereign fiat currencies under global regulatory compliance frameworks.
3. Compliance & Access
Access to the fiat gateway is subject to rigorous identity verification. Prior to utilizing this feature, users must pass Bitbase’s KYC audit. Additionally, based on cross-network compliance requirements for Anti-Money Laundering (AML), third-party providers may also require the completion of their independent KYC certification processes.
4. Fee Structure
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Network and Third-Party Clearing Fees: The frictional costs generated during the cross-network conversion process are displayed by the corresponding payment provider in the front-end quotation and settled in real-time per transaction.
Module 2: Spot Execution Engine
1. Architecture Overview
The Bitbase spot market utilizes a standard Order Book model. The system does not interfere with market depth, providing only order matching and immediate underlying settlement of assets.
2. Capabilities
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Supports bidirectional spot exchange between major digitalassets and $USDT as the base quote currency.
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Supports the submission of Limit orders, Market orders, and advanced conditional instructions.
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Asset delivery is settled instantly at the account level upon completion of matching.
3. Friction Costs & Base Fees
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Base Fees: Maker 0.1000% / Taker 0.1000%.
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Fees are deducted in real-time from the target asset upon order execution, with no hidden slippage or spread markups.
Module 3: Derivatives Clearing Infrastructure
1. Architecture Overview
The futures market uses $USDT as the denomination and settlement base (USDT-margined perpetual contracts). To prevent abnormal liquidations caused by liquidity depletion on a single platform, the system employs a "Fair Price Marking" mechanism, which pegs the mark price to the weighted average of spot market indices from global leading exchanges.
2. Capabilities
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Supports switching between bidirectional positions and cross/isolated margin modes.
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Supports the submission of Limit orders, Market orders, and advanced conditional instructions (e.g., Reverse Position, One-click Close).
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Provides dynamic leverage adjustment, with the leverage ceiling determined by the risk parameters of the specific asset.
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Liquidation instructions are automatically triggered by the clearing engine based on the Maintenance Margin Rate (MMR).
3. Friction Costs & Funding Rate
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Base Fees: Maker 0.0200% / Taker 0.0600%.
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Funding Rate: Peer-to-peer asset transfers between long and short position holders used to anchor spot prices.
Module 4: Tiered Fee System
1. Assessment Logic
The system automatically takes snapshots and calculates the user's cumulative trading volume over the past 30 days (converted to equivalent $USDT) daily before 02:00 (UTC+0), dynamically updating the user's VIP fee level accordingly.
2. Full Fee Matrix
To ensure the precision and real-time accuracy of execution parameters, please visit the official website for details regarding base fees for spot and derivatives markets, base fees for crypto asset deposits and withdrawals, and the complete tiered fee matrix (VIP 1 - VIP 7) that scales with trading volume:
